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in with a safety plan to safeguard russian deposits in cyprus. steve sedgwick is in moscow where he caught up with the finance minister there an hour or so ago. steve? >> they turned to russians once again. there's a loan on the table from russians dating back from 2011 so it's not the exception to it the rule for the cypriots to turn to the russians. the russians themselves are indignant they weren't brought into talks. let's hear what he had to say earlier on about the state of the current talks. >> first meeting very constructive. very honest discussion. we underscored how difficult the situation is and we'll now continue our discussions to find a solution by which we hope we will get some support from russia. >> in terms of that support, are we talking about a change of terms for the current existing 2.5 billion euro loan and an extension of 5 billion loan in addition to that? >> we are talking about things beyond that. >> in what way would this be beyond that? >> we don't know. we don't know yet. we don't have any details. we just continue the discussions and they're waiting for us now t
bernanke speaking today. our steve liesman says you might want to listen to what another person from the fed is saying. steve, what's that all about? >> sue, i want to talk in just a second about new york fed president bill dudley, talk more directly about monetary policy. first a word on fed chairman ben bernanke. he's speaking in london with mevvin king, outgoing head of the monetary policy committee there. he broadly supported all the global monetary policy easing for central banks around the world, say k effectively it was not currency. here's what he said. >> because stronger growth in each economy -- these policies are not -- rather they are positive sum enrich thiy neighbr actions. >> what he's saying is what japan is doing is okay. new york fed president bill dudley, he had some very strong words for critics of the federal reserve who say that the fed is potentially going to be losing money through its current quantitative easing policy. let's give a listen to his comments today at the new york economic club. >> the fed is a central bank, not an asset management company. our
. steve sedgwick is there and asked a question of the two leaders. >> are we proving time and time again in europe that we're not understanding the russian national interest over issues such as cyprus, over issues such as trade in wto, energy and elsewhere? >> i believe i understand the position of russia. i believe why russia has that position, but we have another perception and reality. the question is, is this a real obstacle for achieving progress? for instance, we have discussed today here for trade, investment, energy to mobility. i don't think it is. >> and michelle caruso cabrera will join us with more in the next hour. >> customers, by the way, are finally going to be able to get their hands on the blb 10 today. jackie deangelis has more on this debut. jackie, i know joe is a skeptic now that he's a new i tone -- >> my life is so enriched. >> but i am still completely reliant on this thing. this one doesn't even have the real keyboard, right? >> right. and you make a really good point. a lot of people are still relying on the blackberry. it does go on sale at at&t here today. i
signs and perhaps some comments on what's going on in europe, too. steve describes what is on top of the agenda today. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances together with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. >> fed chairman ben bernanke will be speaking later. >> have we really learned our lessons from the crisis? joining us now to talk about that more, steve leisman. >> it is argued that the world is not really in the middle of a currency war. and he distinguished betwee
's quarterly results and guidance perhaps a little bit disappointing. let's get back to our guest host steve romack for the last words. you like aon. it's one of the larger positions. >> only 20% comes from the u.s. of the revenue -- is that what you said? >> 20% of the companies that we hold. 20% are domiciled in the u.s. and 50% come from overseas and a lot of the things we're finding lately have been a special situation. we were long renault and short nissan because we were able to create the stub at a negative $5 billion euro valuation with the company that has great balance sheet and cash flowing positive and we're long vodafone and short verizon because vodafone owns 45% of verizon wireless and verizon owns 55%. we were creating the stub at a pretty inexpensive price. >> anything else that you like? >> you don't like the consumer. >> we're cautious. we're scared of how the government keeps putting money in people's market. the government trumped 2.4 million jobs and they didn't talk about the 1.9 million people on food stamps and snap program. so we're just very, very cautious. >> you'
. >> that's what she said. i got this e-mail from steve rattner from a very senior democratic hill staffer after our budget discussions this morning. quote, what cracks me up is all this talk that we are somehow closer to a deal. that's a joke. i find people on the periphery very skeptical and cynical. let them be. seems like the players might actually thing something's going to happen. >> except that guy. >> rattner out there reporting. >> poor guy like that has got to make money somehow. >> no kidding. scratching it together. >> if it's way too early, what time is it, guys? >> time for "the daily rundown" -- >> with chuck todd! >> inster r stereo. >>> fewer debates. more outreach. earlier convention. a few things the gop leaders say need fixing fast before 2016. much more this morning on the brand-new self-imposed republican autopsy. >>> meanwhile, it's another conservative clash as sarah palin ridicules karl rove's reaction to the last election. rove wastes no time firing back. >>> also today, a deep dive. previewing president obama's trip to the middle east this week. will expectations
. it was a growth stock. it missed the quarter. quarters matter and andy grove, they went toe to toe with steve jobs in walter eisen's book, but the quarterly increment, and it is a fair way to judge everybody. >> best book ever. >> apple's failed that test of the quarterly report. >> all right. coming up, is a yoga pants crisis coming? lululemon recalling pants that are too sheer. picture this. now there could be a shortage in the price of yogawear, what might that mean for the stock? we'll talk about that and tight, sheer, yoga pants, melissa. >> lulugetton. . you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. falling. falling. it is recalling some of its yoga pants because of their sheerness. the move affects 17% of the bottoms it has in stock and lululemon is offering full refunds to customers. one analyst points out t
of a bounce, i don't see much selling off. >> all right. dead money. steve, what about you? you worry about this sales stumble? >> bill, i really do. i will tell you, the way oracle talked about its sales force, i don't think that those folks today are playing hooky from work and watching the ncaa tournament. i think they're making a lot of calls today. >> you think? >> but i don't know that it's just oracle-specific. i think it might be broader and more about technology capex spending. if you look about a month ago, we saw the purer cloud plays, and oracle is struggling right now in the cloud, but the purer cloud plays, companies like rack space, they dipped down about a month ago. now we're seeing the bigger, older tech giants like oracle, like cisco, for instance, start to similarly trail off. i think it is a sign that the global economy is weak, and companies, while they are very profitable, they are not reinvesting those profits into capex spending, whether it be in technology or elsewhere. so i think it's troubling for technology as a whole. >> wait a minute, are you guys agreeing wit
that apple is at risk of having a dusty product? >> well, i think you have to separate two things. steve jobs only gave you one product and he told you you'd like it and you did. tod today, unfortunately, a lot of consumers may want a bigger phone and a new phone and apple is not giving you the breadth and the product line that a lot of us would like. i don't know if you call that dusty or not, but what i would say is you don't have a lot of choice. when the iphone first came out it was the only thing out there that could do what it did. today, i would argue samsung makes a better phone and the good thing about an cell they have a great ecosystem in i tunes. i have over 1,000 songs and books and movies in there so that kind of keeps me locked in so i'm probably not going to be able to move to a samsung phone, but in emerging market countries where you're buying your first phone, don't forget, apple's total share of the handset business is 8%. so the other 92% that have other phones, you know, they may move to samsung and apple may lose out on those future sales and that's -- whether it's a du
experts polls for the latest cnbc federal reserve survey seems to think. senior economics reporter steve liesman is breaking it all down for us. steve, what have you got? >> interesting results from our cnbc fed survey. 54 economists, fund managers, and analysts chiming in with their responses to our questions. first thing we want to show you their response on expected quantitative easing. this was their response in our january survey. looking for $680 billion of qe this year. now $17 billion. they added like another month. they're still below the pace of the fed. the fed buying at $85 billion. but they also lengthened out the timeline of the federal reserve, as you'll see in the next chart here. this is when they thought they were going to stop qe, in november of 2013. that was in our january survey. and now, all the way over here, they've added about six months that they think qe will be going on for. however, they do believe the fed will taper those purchases. that tapering, originally, we thought, was going to start in december of 2013. and now they've moved that ahead again. now it'
to steve centanni who is in hagerstown, maryland. what's the situation on the roads now? it looks better. >> it was s. a little bit better it was a nightmare this morning. let me tell you. folks around here wondering whatever happened to springtime. i'm standing right by i-70 which this storm pretty much followed from west to east over the past several days. take a look at the traffic situation right now. not too bad as i said. but the storm began in colorado, came all the way across illinois. missouri, parts of ohio and now the east coast. kind of like a long haul trucker carrying a load of weather trouble. right here in the d.c. area, western maryland, schools had to be closed. there were a rash of traffic accidents. and a scattering of power outages. but maryland state police here say things could have been worse. listen. >> this particular storm came in quickly. fortunately we got the good media coverage and alerted everybody about it they saw the problems that were in the midwest. traffic today on the interstates is much lighter than it normally is for a monday. >> and we did have a
of concerns. >> let's also bring in steve leaseman and rick santelli for more reaction. why don't you start off with your views with what you're hearing from people there when you're looking attic movements. what really jumps out to you? >> i'll tell you what, and i am totally serious about this. when i walked in, this is a little earlier than our regular time. people are walking around, taking care of issues from friday. people have come up and said i understand this is a little island with a gdp that's in fan tess mal. i'll tell you what, i'm kind of shocked that it made that jump. i understand that at a time where computerization allows every government on the planet to track and have say complete financial audit trail of everything anybody has, whether it's in this country, 401(k), deferred retirement account. there's a rule of law issue here that's not only going to bug people in cyprus but it's going to bug everybody around the globe. that last comment you played is ridiculous, we'll never do it again. it is absolutely beyond belief. but this really is a shot across for anybody who ha
would lose badly. these creative geniuses make a big difference. we talk about the return of steve jobs, apple or what howard schultz could do with starbucks. absolutely, this guy has to be a part of equation if the shareholders and customers are going to come out on top. >> but if shareholders can get more from blackstone or more from carl icahn and lose michael dell if the process, maybe they don't care what happens next. >> that would be a shame. that's not for institution building. you take a look at -- sometimes we have some failures and i hate to say this in public markets, the pressing scrutiny is hard for some chief executives to reposition their firms the way we saw cesar had to do this. the short-term market fluctuations, they get a chance to get past speculators. this is not wild guesswork. dell has done this five, six times. nobody can be better battle tested and brilliant steve jobs only did it once. >> did michael dell make a mistake in agreeing as part of his taking private transactions to vote his shares however the other shareholders want? so that he has effectively los
will have in california with the legislature. gerri: among many. let's be clear, steve. thank you for coming, always great to have you here. this is an example of what is wrong with this country, and i'm glad you're bringing it. unbelievable. more to come this hour. more to come including are we near the end of the government's role in fannie and freddie? and next, more sequester hiding the hypocrisy from the administration concerning our armed forces. i will break it down after the break. my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company throh legalzoom. never real thought i would make money doing what i love. [ robert ] we created legalzoom toelp people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. @@make your business dream a reality. at od, whatever business you're in, that's the business we're in. with premium service like
will have in california with the legislature. gerri:mong many. let's be clear, steve. thank you for coming, always great to have you here. this is an example of what is wrong with this country, and i'm glad you're bringing it. unbelievable. more to come this hour. more to come including are we near the end of the government's role in fannie and freddie? and next, more sequester hiding the hypocrisy from the administration concerning our armed foes. i will break it down after the break. [ male announcer ] what?! investors could lose tens of thousands of dollars in hidden fees on their 401(k)s?! go to e-trade and roll over your old 401(k)s to a new e-trade retirement accou. none of them charge annual fees and all of them offer low cost investments. e-trade. less for us. more for you. from the united states postal service a small jam maker can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture ca
that the cyprus crisis will not be fixed any time soon and will come with serious consequences. steve sedgwick is standing by with the latest from there. but first our own michelle crew c caruso-cabrera is live in cyprus. >> reporter: the situation here grows increasingly desperate. they're down to the wire. cyprus government has to make a decision about what they're going to do. look at the lines that have started to form at nearly every atm of the bank here in cyprus, this liky is considered one of the weakest. they're still able to get money out of the atms in cyprus though banks have been closed all week and won't reopen until tuesday at the earliest. people in line are quite frightened because they know that this is the weakest bank and there had been rumors about it. it is likely to be part of any consolidation effort is that ultimately is what happened. that's every single day likely to be the case. listen to what one man said. he's been taking out money every single day. >> i just took $1,000. i've been taking $1,000 every day. personally i'm taking this money and cash with me to the u
's a conservative institute on the campus. >> i want to read mark simone my pal steve forbes tweets capitalism is the most moral system because it respects man's rights. now stanford may not agree with that but do i. >> you're being a little out dated. we're in the obama economy. a college student doesn't need to study capitalism, moves into his parents house, lives there until he's 30. is on their health care plan. where do you find a professor to teach the joys of capitalism. >> there has to be somebody out there. >> they are there but they are a vanishing minority. >> capitalism is freedom. i appeal to your higher spirits. there must be an agreement with us some place. capitalism is about freedom. live, liberty and pursuit of happiness is done best through the free market capitalist system. >> i agree with you, larry. i don't know what stanford is doing. obviously they can do what they want because they are a private university and we have freedom of speech but i certainly would encourage the teaching of capitalism on campus. but i think you're all on a different planet. liberals are very s
of people wrote them off of after steve jobs. >> that's a good one. when you beat the street, and one of the best when you talk about tech. adobe up 5.5% and obviously a leader and raised their full year numbers and when you do that, that helps things along as well. charles: i tell you what, all green arrows and great stories. thanks a lot, nicole. >> thanks. charles: russia to the rescue? that's right, cyprus' financial ministers in russia right now and you think he's pleading for a financial lifeline, but cyprus actually denies that. now though russia help-- we know if it comes, it's not for free, despite the low interest rate loan they've given. they want to tap the natural gas and established a navy base in the mediterranean and we've got donald jenson, an expert on russia and the russian mob and joins us now. >> i think one of the things that makes the whole deal palatable was that the money was being taken to the russian mob and that's okay. was that really the case? >> i think the mob broadly understood, yes. the germans in particular have long been concerned about rumors that
-max hybrid. >> steve: tomorrow we got a big show. >> anna: yes, we do. senator tom coburn. >> brian: dr. ben carson, miami dolphins wide receiver brian heartland. and if you have to run from the tv, run to the radio. mark burnett, roma downey and coach hurlly will be live in studio. >> steve: we'll see you back here tomorrow. thanks, anna. there is breaking news a deadly explosion at a military base in nevada. it happened at the hawthorne army depot, 140 miles southeast of reno. police say ammunition blew up during a marine corps training exercise. not clear how many were killed or injured there. we're waiting for an update from the marines. we'll bring you the information as soon as it comes in. >>> meantime, big announcement. this is significant. expected soon on the immigration debate. we're awaiting senator rand paul on the stage any moment now at the hispanic chamber of commerce. wait until you hear his headline. good morning, everybody, senator john cornyn from texas. we're live here at "america's newsroom." we have a busy day. martha: good morning, bill. i'm martha maccallum. senator
anymore. steve alan, jimmy carson, that was back in the day. it is almost irrelevant now. now you have jay leno, and look, nobody feels sorry for jay leno. he's loaded. it is time for him to wrap it up. >> you know what, jay leno, for some reason or other, listen, people, especially comedians, late night talk show hosts, they don't have a lot of nice things to say about jay leno. >> nobody likes him. >> it is because jay leno coming up was the coolest. when he was on carson, he would go on letterman's show, jay leno was awesome. he slowly sanded down every edge he had to become this milquetoast -- i mean, i wouldn't mind -- you would hear, like, those headlines, jay leno is attacking nbc in his monologue, you think that's exciting. you hear the jokes. god, i wish they were good jokes. it is terrible. and so the reason why the tonight show is irrelevant, it is because of jay leno. saturday night live is still relevant years and years and years later. and -- >> is it because of the format. listen, the "today" show was the most popular show, now it is not doing so well. is it the format of "t
relationship with. joining us now a former assistant to president vice cheney for security affairs. steve vin yates. a lot of politics in play for both of these leaders. if we take a step back for a moment and concentrate on a best case scenario for america and americans what should come out of this meeting. >> the best case scenario would be to find a common way t to deal with threats. the iranian threat affects many countries around the gulf and also the broader region. then there is the on going civil war in syria, which is many ways is an iranian proximate see war with other powers with great consequences, seemingly with no end. a way forward in those areas would be ideal. i have limiteddess expectations about this trip accomplish thing. jenna: why? >> first and foremost if you're looking at major leaders dealing with other major leaders there is always a problem of major trust and rapport in sealing a deal with compromise on both sides. president obama's relationship with the prime minister of is real isn't one of those relationships with warmth, trust and in a position to move some kind
lead to steve cohen, sac former fund manager trading on alleged insider information on elon. expert period of time network guy giving him the information. he was looking at the capital whole another time before the financial crisis because he thought they were cherry picking. looked like certain of segna's hedge fund clients obviously they got a tip along those lines. they were getting benefits. others weren't. when was raj. whether they looked at trading went on the trading looked suspicious. ahead of deals. sort of the stuff in this indictment. they looked at raj's trading too. that is when they really, that's when they really started to bear down. that is what led to raj rajaratnam, fascinating that the brother who started the whole thing who got raj, bigger brother in trouble is now six years later now being --. ashley: he is not off the hook. >> not off the hook. pleading not guilty. his brother did as well. we'll see what ha hoops. ashley: great stuff, charlie gasparino. >> follow that line of reasoning. hopefully makes for a great book. tracy: will make a great book. good stu
the keyboard. >> i'll tell you what's ironic, when i went to my college reunion. steve ballmer was using a nokia. why? microsoft -- >> exactly. he said look at this. oh, my god, i've never seen one of those. >> because nobody has one. >> if he'd pulled out a blackberry, it would be game, set, match, right? everything is riding on this blackberry thing at this point given what the stock has done. if there's anything less than a blockbuster, what happens to the stock? >> i think that -- yes. i think we're in the first 48 hours thing and we'll will have one of those things and if it's a dud, but the press reports have been pretty good about it, and i think there are people who are still wedded to the keyboard. i think it's okay. >> i think it depends on how you're valuing the stock. there are some analysts throughout in their models they assigned nothing in the device part of the business. >> that was that great -- the sum of the parts analysis and unfortunately the parts are together right now. so the only time we'll see that value is if parts are actually apart. >> a lot of breakup analys
in the biggest worry to me is the effect of this whole union of the think banking commit pep steve liesman was talking about it this morning and i think he's right. there will be people slowly moving deposits out of the higher risk countries and maybe into the u.s. and the uk, as well. here's what to look for. april 4th and that's the ecb meeting. watch what mario draghi has to say about that and that he'll make liquidity more available to banks. remember those ltros that they did about a year ago. don't be surprised that they dragged those things out again and everybody was talking about the weak top line growth. there is the company that has to be the envy for everybody looking for top line growth. their projected sales for 2014 and 10% to 12% increase and take out all of the new stores and same-store sales growth, 4% to 6% and those are really good numbers and that stock's up today sitting at a six-month high and i want to see a big welcome to people on the floor and we have ice traders on the floor and intercontinental exchange and they have 40 new traders in the blue room and they'll
Search Results 0 to 23 of about 24